Truro's latest retail attraction, Primark, is set to open in a few weeks and with almost 50,000 sq ft for shoppers to explore, the city is bracing itself for an influx of people hungry for a bargain on opening day. Due to open its doors on 4th November the national retail chain has been building up to the grand opening on social media and the county is poised ready for the big day.
Commercial property investment has seen its highs and lows in the last few years with several sites in the city being empty for long periods of time and investors looking to sell on fearing the end of the high street but it would seem that Truro is continuing to expand attracting larger retailers such as Primark to the city. With retail parks at the hospital and the new site on the edge of Threemilestone doing well, the opening of Primark's store will surely only lead to more shoppers visiting the city and the existing retailers will benefit.
More shoppers and more jobs being created will only increase the demand for housing though so the knock on effect will only be good for the local housing market and especially the demand for rental properties close to the city. If you are thinking of investing - perhaps it is the right time to start looking.